Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[raid_n]

http://altcoinpress.com/2014/09/mark-karpeles-spiral-of-epic-bitcoin-exchange-failures-loom/

Mark being Mark 

It is interviews like these that strengthen my assumption that he truly lost the coins due to erroneous coding.
If you think you are infallible it is when you are bound to make mistakes

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[ChartBuddy]

Explanation

[bizz]

Dump gold & dump btc on every opportunity. Trend is your friend these days.

[JayJuanGee]

predictions on a price threshold for the mining bubble to burst?

if the big mfgers begin backing out things could get really interesting

hate to say this but it is going below 400 usd imho....would be interesting if it did that and then the annoucement that the ETF by the facebook twins went thru..that would
tell quite the tale if that was to come to pass in close order

but then again wtf do i know i have a no roi knc titan 1st batch coming..and ordered from BFL (did get a refund but still)

no one is more clueless to what is going on then me ..imho

   As time passes, your self-deprecating posts are getting more and more extreme....  but what the fuck do I know?  I am the dumbest guy in bitcoin... ..     

[fred1111]

have we hit despair yet? no?!

down down down your boat down below the sea.
whales are here and whales are there squeezing little sheeps.

I do sense more and more despair. If the price does not rebound soon, expect even more despair.

There is a lot of despair, which could take us to the 200s. There is also a lot of smart money waiting. Not buying at these prices with money assigned to Bitcoin trading take balls of steel. Buyers of the december bubble also need balls of steel for not selling. The question is how much buying pressure is there from the first group, and how much selling pressure there could be from desperate holders.

The fundamentals are still good though (brand, network effect, security and uptime track record).

[samsonn25]

have we hit despair yet? no?!

down down down your boat down below the sea.
whales are here and whales are there squeezing little sheeps.

I do sense more and more despair. If the price does not rebound soon, expect even more despair.

There should be a bottom somewhere, we can't keep falling forever  

We need a big nice drop in order to build up a big momentum for the next rally.
The lower we go, the higher we will go too!

Come on peps, cry, whine, and sell sell sell! Bitcoin is done!

Man this is all we have been hearing for the last year and it keeps dropping and there is no sign of this "big rebound".

They say the Big Boys are still shaking out the weak hands.  LOL   not

[600watt]

Dump gold & dump btc on every opportunity. Trend is your friend these days.

now the btc price is so deep down i am starting to feel i should buy more. my average entry is at $ 140, i got some gold i could sell, which would buy more than 50 btc right now.

gold will not explode, but it will also not implode. bitcoin, on the other hand....

should i sell the gold?

[Searing]

predictions on a price threshold for the mining bubble to burst?

if the big mfgers begin backing out things could get really interesting

hate to say this but it is going below 400 usd imho....would be interesting if it did that and then the annoucement that the ETF by the facebook twins went thru..that would
tell quite the tale if that was to come to pass in close order

but then again wtf do i know i have a no roi knc titan 1st batch coming..and ordered from BFL (did get a refund but still)

no one is more clueless to what is going on then me ..imho

   As time passes, your self-deprecating posts are getting more and more extreme....  but what the fuck do I know?  I am the dumbest guy in bitcoin... ..    

\

sorry the dumb ass (but lucky) goes to me...bfl 8.5k refunded (by luck more or less) alpha t scrypt (amex refund one of the few) spondoolies refund (they asked me after a post
nice of them..I took it...likely would have ROI'd but still)....Titan NO ROI refund 10.3k first batch will be lucky to get 1/2 back

on the other hand knc jupiter last oct till now 50 coin

anyway I may have to get hit over the head a lot..but me thinks I'm just gonna go to www.coinbase.com and leisurely buy (when  I have NFI) but still .....if all I take
from this is a loss on the Titan it was the miracle I should accept!

also at my 15c/kwh rate home mining for me is dead and hosting from what I can tell from looking is also around 15c/kwh when I work it out...sad to say it seems

yeah I'm dumb no doubt (trying to stay smart but probably hopeless)

p.s. I will hold till BTC is $1 I put in what I can afford and got in last fall 2013 so have some room yet..and then look at all the BTC I would have for that $1 a BTC
(it is a sickness)

on the other hand if I am going to be this crazy I reserve the right to let off some of the pressure by 'squeaking' about it......

lovely hobby all the joys of swimming and taunting sharks...for no particular reason

[esse83]

Dump gold & dump btc on every opportunity. Trend is your friend these days.

now the btc price is so deep down i am starting to feel i should buy more. my average entry is at $ 140, i got some gold i could sell, which would buy more than 50 btc right now.

gold will not explode, but it will also not implode. bitcoin, on the other hand....

should i sell the gold?

Yes and also sell your house. I will wait until 1st of january 2015 to decide if I should buy or continue to stay away.

[fr33d0miz3r]

Hey guys! Here is your new bear-friend!

[ChartBuddy]

Explanation

[cbeast]

Hey guys! Here is your new bear-friend!

Yep. Bitcoin will have lots of those soon.

[findftp]

Dump gold & dump btc on every opportunity. Trend is your friend these days.

now the btc price is so deep down i am starting to feel i should buy more. my average entry is at $ 140, i got some gold i could sell, which would buy more than 50 btc right now.

gold will not explode, but it will also not implode. bitcoin, on the other hand....

should i sell the gold?

No, "they" want you to sell your gold for BTC.
After they got the gold, they will pull the plug out of the internet and you will have nothing.

[Hunyadi]

\

sorry the dumb ass (but lucky) goes to me...bfl 8.5k refunded (by luck more or less) alpha t scrypt (amex refund one of the few) spondoolies refund (they asked me after a post
nice of them..I took it...likely would have ROI'd but still)....Titan NO ROI refund 10.3k first batch will be lucky to get 1/2 back

on the other hand knc jupiter last oct till now 50 coin

anyway I may have to get hit over the head a lot..but me thinks I'm just gonna go to www.coinbase.com and leisurely buy (when  I have NFI) but still .....if all I take
from this is a loss on the Titan it was the miracle I should accept!

also at my 15c/kwh rate home mining for me is dead and hosting from what I can tell from looking is also around 15c/kwh when I work it out...sad to say it seems

yeah I'm dumb no doubt (trying to stay smart but probably hopeless)

p.s. I will hold till BTC is $1 I put in what I can afford and got in last fall 2013 so have some room yet..and then look at all the BTC I would have for that $1 a BTC
(it is a sickness)

on the other hand if I am going to be this crazy I reserve the right to let off some of the pressure by 'squeaking' about it......

lovely hobby all the joys of swimming and taunting sharks...for no particular reason

Searing, you are so pessimistic once again. Cheer up! Bitcoin world is a lovely place, so much fun.

[JayJuanGee]

predictions on a price threshold for the mining bubble to burst?

if the big mfgers begin backing out things could get really interesting

hate to say this but it is going below 400 usd imho....would be interesting if it did that and then the annoucement that the ETF by the facebook twins went thru..that would
tell quite the tale if that was to come to pass in close order

but then again wtf do i know i have a no roi knc titan 1st batch coming..and ordered from BFL (did get a refund but still)

no one is more clueless to what is going on then me ..imho

   As time passes, your self-deprecating posts are getting more and more extreme....  but what the fuck do I know?  I am the dumbest guy in bitcoin... ..    

\

sorry the dumb ass (but lucky) goes to me...bfl 8.5k refunded (by luck more or less) alpha t scrypt (amex refund one of the few) spondoolies refund (they asked me after a post
nice of them..I took it...likely would have ROI'd but still)....Titan NO ROI refund 10.3k first batch will be lucky to get 1/2 back

on the other hand knc jupiter last oct till now 50 coin

anyway I may have to get hit over the head a lot..but me thinks I'm just gonna go to www.coinbase.com and leisurely buy (when  I have NFI) but still .....if all I take
from this is a loss on the Titan it was the miracle I should accept!

also at my 15c/kwh rate home mining for me is dead and hosting from what I can tell from looking is also around 15c/kwh when I work it out...sad to say it seems

yeah I'm dumb no doubt (trying to stay smart but probably hopeless)

p.s. I will hold till BTC is $1 I put in what I can afford and got in last fall 2013 so have some room yet..and then look at all the BTC I would have for that $1 a BTC
(it is a sickness)

on the other hand if I am going to be this crazy I reserve the right to let off some of the pressure by 'squeaking' about it......

lovely hobby all the joys of swimming and taunting sharks...for no particular reason

You do get some actual experiential knowledge from going through the experience and attempting to purchase various mining machines and whatever mining you did carry out will bring you some knowledge as well.

Then each of us can probably look back and assert that we should have done x or that we should have done y, and maybe some of us take longer to learn a more suitable course of action than others, but there is quite a bit that we can learn with bitcoin and the various market and political forces.. and maybe in the end we each may learn a little bit about ourselves and our risk aversions, how to better manage our finances and our own discipline in creating various investment strategies - and knowing when to adjust the strategy or to stay the course in spite of conflicting information. 

Hopefully, we can keep learning as long as our eyes and ears are open and we are NOT becoming too arrogant.  This forum also can be helpful in bouncing around ideas (good or bad).

[Hunyadi]

Hopefully, we can keep learning as long as our eyes and ears are open and we are NOT becoming too arrogant.

Good advice. Have to remember this.

[JayJuanGee]

Dump gold & dump btc on every opportunity. Trend is your friend these days.

now the btc price is so deep down i am starting to feel i should buy more. my average entry is at $ 140, i got some gold i could sell, which would buy more than 50 btc right now.

gold will not explode, but it will also not implode. bitcoin, on the other hand....

should i sell the gold?

Yes and also sell your house. I will wait until 1st of january 2015 to decide if I should buy or continue to stay away.

You seem to be exaggerating a tad bit about "selling your house"

And,

What is happening on January 1?  Are you just referring to a new tax year or some other eventful thing that will cause you decide what to do? 

You do NOT know if you believe in BTC; however on January 1, you will formulate some belief (Yeay or nay) depending upon the passing of some event?

[Searing]

\

sorry the dumb ass (but lucky) goes to me...bfl 8.5k refunded (by luck more or less) alpha t scrypt (amex refund one of the few) spondoolies refund (they asked me after a post
nice of them..I took it...likely would have ROI'd but still)....Titan NO ROI refund 10.3k first batch will be lucky to get 1/2 back

on the other hand knc jupiter last oct till now 50 coin

anyway I may have to get hit over the head a lot..but me thinks I'm just gonna go to www.coinbase.com and leisurely buy (when  I have NFI) but still .....if all I take
from this is a loss on the Titan it was the miracle I should accept!

also at my 15c/kwh rate home mining for me is dead and hosting from what I can tell from looking is also around 15c/kwh when I work it out...sad to say it seems

yeah I'm dumb no doubt (trying to stay smart but probably hopeless)

p.s. I will hold till BTC is $1 I put in what I can afford and got in last fall 2013 so have some room yet..and then look at all the BTC I would have for that $1 a BTC
(it is a sickness)

on the other hand if I am going to be this crazy I reserve the right to let off some of the pressure by 'squeaking' about it......

lovely hobby all the joys of swimming and taunting sharks...for no particular reason

Searing, you are so pessimistic once again. Cheer up! Bitcoin world is a lovely place, so much fun.

OK fine BTC goes to $1 I will own ALL (or a heck of a lot of the ) Bitcoin! (er maybe I don't have this whole optimistic outlook on holding till the end quite down yet...will have to work on this)

[ChartBuddy]

Explanation

[cbeast]

1,